Nashik: Department of Income Tax (I-T) on Thursday began searching at the location of seven onion traders in the Nashik district.
Searches are being conducted in 20 locations in this district, including 13 locations in Pimpalgaon and seven other locations in the district rural part.
The source of the I-T department said that the search was being made to ascertain whether these traders had countless income and whether they paid taxes on their total income.
“We just started the search.
It will take one or two days to solve the same thing.
Our focus is to check countless income and assets and assets that are possessed by traders, in addition to the possibility of black marketing and hoarding they might be involved , “said the source from IT.
Sleuth I-T has also confiscated several documents from traders for further investigation.
Twenty teams from more than 100 officials from the I-T department in Nashik, Aurangabad and Pune together conducted a search at the residence and the office of seven traders starting at 8:30 a.m.
on Thursday.
When contacted, the carrier of the Office of the Onion Traders Association confirmed the search by I-T sleuths, but they avoid commenting on this problem.
In November last year (2020), it has been searching for 11 onion traders in Lasalgaon and Pimpalgaon, after the average price of wholesale onions has crossed Rs 5,000 per quintal sign.
Sleuth I-T has searched for residence, office and merchant warehouse.
The price of Onion Slidethe Wholesale wholesale wholesale prices in Lasalgaon Agriculture produced a market committee (APMC), the largest wholesale market in the country, decreased from RS 2,700 per quintal on Wednesday to RS 2,500 per quintal on Thursday.
Previously, the average price of wholesale onions in Lasalgaon APMC has increased to RS 3,700 per quintal, while the price of maximum wholesale onions has risen 4,121 per quintal because of the decline in onion supplies.
Heavy rainfall in September and October has affected onion plants in Nashik Regency, a large onion cultivation area in the country.